Oh my God. If this could really happen buddy all body holding bitcoin at the moment will be in a lot of dough and the price of bitcoin will string up in a slap of fingers. My question is that is this news direct from true source?
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If the big banks release a successful coin, bitcoin's market value would probably crash pretty hard.
Really?
Did Internet crashed when Compuserve released their successful Intranet?
Well, was it successful? Sounds like that statement was sarcastic.
Anyway, even if it was, I think bitcoin is different because of money that has to be invested and the average is extremely non risk-aversive. Look at this for example:
https://www.youtube.com/watch?v=vBX-KulgJ1oI'm definitely still very bullish on btc but if a centralized coin from banks catches on in a big way, I'll probably be quick to diversify.